OTRO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
OTRO
Largest movements
- Receivables within one year +€45,831
up €45,831 (+118.5%), from €38,660 to €84,491
- Tangible fixed assets -€4,434
down €4,434 (-40.2%), from €11,024 to €6,590
- Cash +€4,404
new in 2025: €4,404
mainly Accrued charges and deferred income (+€21,458) and Net result for the year (+€20,535)
- Accrued charges and deferred income +€21,458
up €21,458 (+475.9%), from €4,509 to €25,967
- Profit (loss) carried forward +€20,535
up €20,535 (+79.8%), from €25,742 to €46,277
- Tax, wage and social debts +€9,166
up €9,166 (+67.7%), from €13,530 to €22,696
- Trade debts -€5,557
down €5,557 (-99.2%), from €5,602 to €45
- Gross operating margin +€17,925
up €17,925 (+127.4%), from €14,073 to €31,998
- Taxes +€6,585
up €6,585 (+240.1%), from €2,743 to €9,328
- Financial charges -€1,253
down €1,253 (-79.6%), from €1,574 to €321
- Depreciation +€1,000
up €1,000 (+29.1%), from €3,434 to €4,434
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,434 | €95,985 | +€45,551 | +90.3% |
| Fixed assets | 21/28 | €11,774 | €7,090 | -€4,684 | -39.8% |
| Tangible fixed assets | 22/27 | €11,024 | €6,590 | -€4,434 | -40.2% |
| Furniture and vehicles | 24 | €11,024 | €6,590 | -€4,434 | -40.2% |
| Financial fixed assets | 28 | €750 | €500 | -€250 | -33.3% |
| Current assets | 29/58 | €38,660 | €88,895 | +€50,235 | +129.9% |
| Amounts receivable within one year | 40/41 | €38,660 | €84,491 | +€45,831 | +118.5% |
| Other amounts receivable | 41 | €38,660 | €84,491 | +€45,831 | +118.5% |
| Cash at bank and in hand | 54/58 | - | €4,404 | +€4,404 | |
| Total equity and liabilities | 10/49 | €50,434 | €95,985 | +€45,551 | +90.3% |
| Equity | 10/15 | €26,742 | €47,277 | +€20,535 | +76.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,742 | €46,277 | +€20,535 | +79.8% |
| Amounts payable | 17/49 | €23,692 | €48,708 | +€25,016 | +105.6% |
| Amounts payable within one year | 42/48 | €19,183 | €22,741 | +€3,558 | +18.5% |
| Financial debts | 43 | €51 | - | -€51 | |
| Credit institutions | 430/8 | €51 | - | -€51 | |
| Trade debts | 44 | €5,602 | €45 | -€5,557 | -99.2% |
| Suppliers | 440/4 | €5,602 | €45 | -€5,557 | -99.2% |
| Taxes, remuneration and social security | 45 | €13,530 | €22,696 | +€9,166 | +67.7% |
| Taxes | 450/3 | €13,530 | €22,696 | +€9,166 | +67.7% |
| Accrued charges and deferred income | 492/3 | €4,509 | €25,967 | +€21,458 | +475.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,434 | €4,434 | +€1,000 | +29.1% |
| Other operating charges | 640/8 | €1,086 | €910 | -€176 | -16.2% |
| Gross operating margin | 9900 | €14,073 | €31,998 | +€17,925 | +127.4% |
| Operating profit (loss) | 9901 | €9,553 | €26,654 | +€17,101 | +179.0% |
| Financial income | 75/76B | €3,218 | €3,530 | +€312 | +9.7% |
| Recurring financial income | 75 | €3,218 | €3,530 | +€312 | +9.7% |
| Financial charges | 65/66B | €1,574 | €321 | -€1,253 | -79.6% |
| Recurring financial charges | 65 | €1,574 | €321 | -€1,253 | -79.6% |
| Profit (loss) for the period before taxes | 9903 | €11,197 | €29,863 | +€18,666 | +166.7% |
| Income taxes | 67/77 | €2,743 | €9,328 | +€6,585 | +240.1% |
| Profit (loss) for the period | 9904 | €8,454 | €20,535 | +€12,081 | +142.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,454 | €20,535 | +€12,081 | +142.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.